Public Debt in Iceland
Public debt averaged 84.1% of GDP in the decade to 2022, and public debt in Iceland in 2022 was 68.7% of GDP. For more public debt information, visit our dedicated page.
Iceland Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Iceland from 2021 to 2020.
Source: Macrobond.
Iceland Public Debt Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 77.5 | 74.9 | 67.5 | 62.0 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Icelandic public debt projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Icelandic public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Icelandic public debt projections.
Want to get access to the full dataset of Icelandic public debt forecasts? Send an email to info@focus-economics.com.